In this week’s episode of "Biztalk", two prominent figures in the international economic sphere shared valuable perspectives on China’s influential role in global green development and the prospects for U.S.-China cooperation in addressing climate challenges.
Deborah M. Lehr, Executive Director of the Paulson Institute, and Benjamin Hung, President, International, for Standard Chartered, engaged in an insightful dialogue exploring how China can spearhead sustainable initiatives worldwide. They examined potential avenues for collaboration between China and the United States, emphasizing the importance of joint efforts in combating climate change.
The discussion highlighted the impact of the internationalization of the Renminbi (RMB) on global trade. The experts delved into how the increasing use of the RMB in international transactions could reshape global trade dynamics, offering new opportunities for businesses and economies engaging with China.
Throughout the program, the significance of financial institutions in promoting sustainable growth was underscored. By supporting investments in green technologies and environmentally responsible businesses, the financial sector can play a pivotal role in accelerating global green development.
The episode provided an in-depth look at the interconnectedness of environmental sustainability and economic advancement. With China’s growing influence on the world stage, its strategies in green development and participation in global trade remain areas of keen interest for global readers, business professionals, investors, academics, and the Asian diaspora seeking to stay informed on Asia’s evolving role in global affairs.
Reference(s):
cgtn.com
